Revenue segments as reported by the company.

Interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Interest expense

Provision for Credit Losses

Salaries

Technology and equipment

Other

Net occupancy

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Wells Fargo

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Wells Fargo reports Q4 progress amidst challenges, eyes growth opportunities

Wells Fargo's Q4 2022 earnings call highlighted progress in key areas despite challenges. The company is focused on enhancing customer experience, digital transformation, and operational efficiency while navigating economic uncertainties. Opportunities for growth in various business segments are being pursued strategically.

Wells Fargo reports strong Q1 earnings, focuses on credit risk

Wells Fargo's Q1 2023 earnings call highlighted strong financial performance, improvements in consumer banking, and credit risk management focus. Challenges included increasing loan charge-offs and declining deposits, particularly in commercial real estate. Opportunities exist in enhancing expense efficiency, NII stability, and capital optimization strategies.

Wells Fargo reports strong Q2 results amidst regulatory challenges

Wells Fargo's Q2 2023 results showcased improved financial metrics despite challenges like increased net charge-offs and regulatory pressures. The company's focus on risk management, strategic hires, and community initiatives present opportunities for growth and resilience. Uncertainties around Basel III impacts and NII outlook require careful navigation.

Wells Fargo reports revenue growth and strategic initiatives in Q3

Wells Fargo's Q3 performance showed revenue growth and improved profitability, despite challenges.
The company is strategically positioned to capitalize on partnerships and growth in fee-based businesses.
Efforts to enhance risk controls and community service reflect a commitment to long-term sustainability.
Adjustments in consumer lending and capital flexibility provide avenues for future growth and stability.

Wells Fargo reports strong 2023 performance but faces NII challenges

Wells Fargo's 2023 performance showcased growth in revenue and net income, but challenges lie ahead with anticipated NII declines and credit quality issues. The company's strategic focus on risk management, product innovation, and racial equity initiatives positions it for future growth amidst economic uncertainties.

Wells Fargo reports stable Q1 earnings amidst growth opportunities

Wells Fargo's Q1 2024 performance reflects stability in profitability, strong capital position, and improved credit quality, underpinned by diversified revenue streams and strategic investments.
Challenges include uncertainties in client behavior prediction, potential rate cuts impact, and difficulty in stabilizing deposit costs, while opportunities lie in revenue diversification and talent enhancement.
The bank's proactive approach to addressing challenges and leveraging opportunities positions it for future growth and operational efficiency, focusing on long-term profitability and reputation building.
Investors should monitor Wells Fargo's progress in stabilizing net interest income, navigating potential rate cuts, and driving loan growth to assess its resilience and growth prospects in a dynamic market environment.

Wells Fargo reports solid Q2 earnings, focuses on growth strategies

Wells Fargo's Q2 2024 earnings call highlighted strong fee-based revenue growth offsetting challenges in net interest income.
The bank's focus on efficiency, risk control enhancement, and shareholder value creation positions it for sustainable growth.
While facing challenges in noninterest income and credit quality, Wells Fargo's strategic initiatives and solid capital position offer opportunities for future growth.
Investments in AI, sustained fee momentum, and margin expansion strategies underscore the bank's commitment to long-term success.

Wells Fargo reports robust Q3 earnings, eyes growth opportunities

Wells Fargo's Q3 performance reflects resilience and progress in its strategic priorities amidst revenue challenges and expense management.
The bank's strong capital position and focus on core businesses position it well for growth opportunities and navigating economic trends.
While facing challenges in commercial loan demand and net interest income, Wells Fargo's transformation efforts aim to drive improved returns.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment provides banking and credit products across industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment is composed of corporate banking, investment banking, treasury management, commercial real estate lending and servicing, and equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth and Investment Management segment refers to personalized wealth management, brokerage, financial planning, lending, private banking, trust, and fiduciary products and services. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Bank of America

Citigroup

Goldman Sachs

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

JPMorgan Chase & Co

Invesco KBW Bank ETF

Morgan Stanley

Vanguard Financials ETF

Financial Select Sector SPDR Fund

Big banks will start releasing their quarterly numbers from this week.

What's in Store for Bank ETFs This Earnings Season?

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Wells Fargo & Company (“Wells Fargo” or the “Company”) (NYSE: WFC) common stock between February 24, 2021 and June 9, 2022, inclusive (the “Class Period”). Wells Fargo investors have until August 29, 2022 to file a lead plaintiff motion. Investors suffering losses on their Wells Fargo investments are encouraged to contact the Law Offices of

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Wells Fargo & Company (WFC) Investors

Los Angeles, California--(Newsfile Corp. - July 12, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 24, 2021 and June 9,...

INVESTOR ACTON REMINDER: The Schall Law Firm Encourages Investors in Wells Fargo & Company with Losses of $100,000 to Contact the Firm

Investors are bracing for a fresh slide in banking stocks, with fears of a hit from a potential recession outweighing the lure of relatively cheap valuations and a strong long-term outlook.

Analysis-Investors wary of cheap U.S. bank stocks on recession fears

Wells Fargo said on Monday that Kleber Santos will take over as the chief of consumer lending effective immediately.

Wells Fargo appoints Kleber Santos chief of consumer lending

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo announced today that Kleber Santos has been appointed the company's CEO of Consumer Lending, effective immediately. Santos will lead all aspects of Wells Fargo's Consumer Lending business, including Home Lending, Auto, Credit Cards and Merchant Services, and Personal Lending. Santos has served as the company's head of Diverse Segments, Representation and Inclusion (DSRI) since November 2020, reporting to CEO Charlie Scharf. Santos succeeds Mike Weinba

Wells Fargo Appoints Kleber Santos as Chief Executive Officer of Consumer Lending

Despite an improving lending scenario, Wells Fargo's (WFC) Q2 earnings are expected to have seen hurdles from lower fee income due to a fall in mortgage banking revenues and investment banking fees.

Fee Income Decline to Hurt Wells Fargo's (WFC) Q2 Earnings

Los Angeles, California--(Newsfile Corp. - July 11, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 24, 2021 and June 9,...

INVESTOR ACTON ALERT: The Schall Law Firm Encourages Investors in Wells Fargo & Company with Losses of $100,000 to Contact the Firm

Management has been hard at work on a turnaround plan for the past few years now.

Where Will Wells Fargo Be In 3 Years?

A surge in trading revenue powered by volatile markets should partially offset a slump in M&A and equity and debt deals when Wall Street banks report second-quarter earnings this month.

Wall Street banks' Q2 trading revenue likely to surge, softening blow from deal slump

Second quarter profits at big U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession.

Big U.S. banks' second quarter profits to tumble on higher bad loan reserves

The big six U.S. banks face a tough second quarter earnings season due to a hit from increased loan loss reserves, as the pandemic recovery gives way to a possible recession.

Factbox-How big U.S. banks have managed bad loan reserves since the pandemic

Earnings season is upon us once again! It's just like the holiday season except instead of presents and sweets we get financial results and conference calls.

Big bank earnings could be ugly this week. Here's what to look for

Alibaba

POSCO

U.S. Bancorp

Charlie Munger, the vice chairman of Berkshire Hathaway, Inc. (NYSE: BRK-A) (NYSE: BRK-B) and Warren Buffett's trusted lieutenant, on Friday disclosed the holdings of his publishing company Daily Journal's second-quarter portfolio. The billionaire's second-quarter holdings.

Here's What Charlie Munger-Run Daily Journal's Portfolio Looked Like In Q2

NEW YORK , July 9, 2022 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline. SO WHAT: If you purchased Wells Fargo securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING LAW FIRM, Encourages Wells Fargo & Company Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action - WFC

Guess who's raising its dividend and plotting a new share-repurchase program? That's right, your local lender.

3 Banks That Are Paying You More Money to Own Them

Wells Fargo (WFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Wells Fargo (WFC) to Report a Decline in Earnings: What to Look Out for

Los Angeles, California--(Newsfile Corp. - July 8, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 24, 2021 and June 9,...

SHAREHOLDER ACTON NOTICE: The Schall Law Firm Encourages Investors in Wells Fargo & Company with Losses of $100,000 to Contact the Firm

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC), as previously announced, will report its second quarter 2022 earnings results on Friday, July 15, 2022, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company's Investor Relations website, the earnings results also will be available on the Securities and Exchange Commission website

Wells Fargo to Announce Second Quarter 2022 Earnings on July 15, 2022

U.S. analysts and economists will be watching to see how banks' mortgage businesses are faring during their second-quarter earnings this month, as U.S. Federal Reserve rate hikes continue to crimp mortgage originations and refinancings.

Big banks' Q2 earnings to shed light on gloomy U.S. mortgage outlook

New York, New York--(Newsfile Corp. - July 6, 2022) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Wells Fargo & Company (NYSE: WFC).CLICK HERE FOR MORE DETAILS:https://claimyourloss.com/securities/wfc-lawsuit-loss-submission-form/?id=29594&from=5

WFC LAWSUIT FILED: Jakubowitz Law Pursues Claims on Behalf of WELLS FARGO & COMPANY Shareholders

New York, New York--(Newsfile Corp. - July 6, 2022) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Wells Fargo & Company (NYSE: WFC).Shareholders who purchased shares of WFC during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/wells-fargo-loss-submission-form/?id=29588&from=5

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Wells Fargo & Company of a Class Action Lawsuit and a Lead Plaintiff Deadline of August 29, 2022 - (WFC)

San Francisco, California--(Newsfile Corp. - July 6, 2022) - Hagens Berman urges Wells Fargo & Company (NYSE: WFC) investors who suffered significant losses to submit your losses now.Class Period: Feb. 24, 2021 - June 9, 2022Lead Plaintiff Deadline: Aug. 29, 2022Visit: www.hbsslaw.com/investor-fraud/WFCContact An Attorney Now: WFC@hbsslaw.com844-916-0895Wells Fargo & Company (NYSE: WFC) Securities Class Action:The litigation focuses on Wells Fargo's statements about its diverse slate hiring policy ("Diverse Search Requirement"

WFC INVESTOR ALERT: Hagens Berman, National Trial Attorneys, Encourages Wells Fargo (WFC) Investors with Significant Losses to Contact the Firm's Attorneys, Securities Class Action Filed

New York, New York--(Newsfile Corp. - July 6, 2022) - The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Wells Fargo & Company ("Wells Fargo") (NYSE: WFC) . This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022..If you suffered a loss, contact us at the...

WFC LAWSUIT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving Wells Fargo & Company

The third-largest U.S. bank suffered from rising inflation numbers.

News for Wells Fargo Stock (WFC)